FX market intervention won't be announced in advance by Japan's finance minister

Started by OZER, Sep 14, 2022, 03:27 PM

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Luna is literally the reason all $100 tokens crashed and why the market sucks rn.

No one's buying cars in this economy, well except some rich guys. I'd guess the rich guys already have Teslas though.

Tbh, I think the collapse is a good thing for speculative markets. Hopefully people will learn from this as putting money into such a firm is an obviously naïve thing to do. Normal people need to stop acting like they actually understand how finance works and put their trust into banks and hedge funds who hire professionals who actually know what they#39re doing and have massive liquidity behind them.brOver-valuing stocks from the public is becoming a huge issue and there#39s going to be massive consequences. That#39s the other side of the same coin - the coin being uneducated amateur traders trying to screw with the market for a quick return. Look at what happened with GameStop. Average people lost their shirts over it when it inevitably crashed and the only narrative we got is that they somehow quotbeatquot the hedge funds that bet against Gamestop. The hedgefunds that continue to survive and make money, aren#39t doing anything bad in the first place and are actually play a vital role in balancing the value of instruments.  These quottradersquot are setting up other companies like Tesla to fail, also.

lol luna crashing. saw that a mile away. algo stables are not to be trusted.


Maybe Musk is thinking that ordinary people will get a hard time because of the amock inflation.

I'm amazed how many played down the GDP decline in the 1st quarter.

No, it cannot. The US is completely addicted to inflation. Inflation is simply an expansion of the money supply, not the CPI or whatever nonsense the silly government says it is. Is the US government going to stop expanding the money supply? Never. It's literally impossible.






How can inflation exist in a zero interest climate where wages are stagnant? Sorry, being Australian I don't get that (Australia is big but our economy is medium sized).  It's different here. We have all the above but we are having a stupidly wild housing market - everywhere.  People are greedy & stupid, rates will rise. When the US ups it's interest rates, a lot of Australians will learn that a $1,000,000 loan on a $120,000 income is not wise.